Jul 2, 2011 3:00pm PDT
is embedded with u.s. troops in afghanistan when the taliban attack. we want to welcome our viewers in the united states and around the world. i'm wolf blitzer. you're in the situation room. a special gathering to tackle america's serious economic problems. key figures from government, business and academia came together this week in chicago for the clinton global might be difference america conference. the event was the brainchild of former president bill clinton. i sat down with him in chicago for a candid interview on the country's debt crisis, the 2012 presidential race, and much more. >> mr. president, thanks very much for joining us. good to be here. first time you've done this as far as the u.s. economy is concerned. normally it's global issues. and i want to get to that, but let's talk about some of the big issues right now. jobs, jobs, jobs. it's a crisis, a game of chicken going on in washington right now between the president, the did democrats on one side, republican leadership on the other side. how big of a deal is this august 2nd deadline for raising the debt ceiling?
Jul 2, 2011 4:00am EDT
the questions. we had this earlie on foreign policy, afghanistan. where he said something in the debate. then it was cleaned up. then it really wasn't cleaned up. a question about whether the united states should have gone in afghanistan. should be fighting. this is going to be the thing that dogs him everywhere he goes. every time he opens his mout a problem. for a candidate you want to speak and talk looly like john mccain did in 2008. mitt romney is nev going to get that because people are so focused on it. >> bret: charles? >> right. for a man that is already extremely dispalestinianed he has to be unbelievably disciplined and repeat the same phrases everywhere he goes. evidence time he changes a wording there is a nuance. he will be accused of changes his mind. what he talked about, obama made stuff worse for unm employment and the misery index if you like in the country. that is what he is talking about saying it's worse. he says the recovery is the weakest, one could imagine, much, much weaker. than villaraigos reagan recovere early '80s. the stock market lost half of its value a
Jul 2, 2011 4:00pm EDT
.s. involvement in afghanistan, pakistan and iraq has cost up to 4 trillion dollars over the past decade. your reaction to that? >> i think that study is badly flawed for a number of reasons. it's counting costs we would have incurred anyway for the existence of the military. it does focus on the potential explosion of medical costs. that is something i think even defenders of the defense department have said for some time that is an area of cost cutting we ought to be looking at. badly flawed but there are points worth taking into account going forward. >> gregg: unless anyone thinks we forgets, more than 6,000 american lives in various wars over the past decade, hundreds of thousands have been injured. ambassador john bolton, happy independence day and thank you so much for taking the time. >> thank you. happy 4th. >> heather: it appears that new york city's budget woes are far-reaching. the city will have to shut down the swimming pools and summertime programs. david lee miller looks how the money crisis will hit the youngest residents? >> we're not just talking about new york city, a natio